Real-Time: 08h22
Ticker: USD/JPY
A significant win for clients who took the opportunity to trade
The unwind/pullback, driven in large part by the Bank of Japan, has been a significant factor in the underperformance of growth/technology stocks.
The reading from the Tactical Trading Guide has been in line, with the pair pulling back from 160 to today's low of 140.
In FX terms, this is a MASSIVE MOVE.
Previous Post (26 June)
Readings For The US Dollar / Japanese Yen FX Pair Signal An Overextension And Potential Pullback
Lester Davids
Analyst: Unum Capital
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